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$FB Is Blowing Up On StockTwits, Too
May 18, 2:36PM
Another startup cashing in (figuratively speaking) on the FB IPO: StockTwits. Earlier this week, the social network for investors added Facebook to its StockTwits Social Heatmap, a feature on the site that provides a visualization of what the StockTwits some 200,000 investors and traders are talking about. Usually, the heatmap looks looks like a bunch of little squares - the bigger the square means more conversation. But today, Facebook ($FB) is dominating, even pushing fan favorite $AAPL aside.Mark Zuckerberg Posts Status Update As He Rings The NASDAQ Opening Bell
May 18, 1:59PM
This is awesome. At 9:30 AM ET, Facebook CEO Mark Zuckerberg posted what's bound to be a historical status update to his Facebook Timeline. The post simply reads: "Mark Zuckerberg listed a company on NASDAQ. — with Chris Cox and 4 others." You can read the whole story right here from the engineer who rigged up the auto-post: "How Facebook Hacked The NASDAQ Button"Knodes Made A Teaser Trailer For Our Hackathon Tomorrow And It's Awesome!
May 18, 1:52PM
The Hackathon is one of the best parts of Disrupt. Granted, it's not quite as emotional as watching the Battlefield rounds play out, but there's something sort of inspiring about the idea that you may be building the start of a company during a 24-hour beer/pizza/Red Bull-fest. Success stories like Group.me and Docracy were born at our Hackathon, but they'd be the first to tell you that none of it is possible without our awesome API sponsors. These include foursquare, The Echo Nest, metaLayer, Twilio, bitly, Tumblr, Spotify, Mobli and more. But one has gone above and beyond when it comes to teasing out the event, with the promise to offer "one thousand dolla dolla bills" to the hacker who makes the best use of their API. Knodes, who is offering up a context API which maps users' social graphs, has made a movie-type trailer ahead of the Hackathon and posted it to YouTube.Photos: Facebook CEO Mark Zuckerberg Rings In The NASDAQ Bell
May 18, 1:47PM
Facebook chief executive Mark Zuckerberg didn't travel to New York's Times Square for the company's big day. He did it unconventionally like you'd expect a hacker would. He opened the bell remotely from the company's Menlo Park Headquarters after Facebook employees had just finished a long, all-night Hackathon -- their 31st. They played midnight hockey and worked on extra projects, as you can see from photos we re-posted here. (It's Facebook's version of Google's 20 percent time, if you will). Just ahead of the 6:30 PST open, the company's employees got together again in the main headquarters "Hacker Square" in front of a big stage where he rang the bell. Unlike Zynga CEO Mark Pincus in last December's IPO, Zuckerberg didn't give any remarks. He was flanked by chief operating officer Sheryl Sandberg, vice president of product Chris Cox and Elliot Schrage, who is Facebook's vice president of public policy and communications. A Facebook engineer named David Garcia had hacked the NASDAQ button to auto-post the bell opening to Zuckerberg's Timeline (and we have the inside scoop on how he did it!)How Facebook Hacked The NASDAQ Button
May 18, 1:46PM
Editor's note: Some savvy Facebook engineers rigged the NASDAQ button to automatically post "Mark Zuckerberg has listed a company on NASDAQ - FB" to the CEO's Timeline as he rung the bell to open the NASDAQ's day of trading. David Garcia, a senior software engineer at Facebook, explains how they turned the NASDAQ on to Open Graph. It was a normal Monday. Nothing out of the ordinary other than that Facebook was set to go public at the end of the week. Camera crews were beginning to appear and NASDAQ was coming to campus so we could ring the opening bell together. Other than that, it was like any other Monday.Ready To Talk FB? Social Finance Site TradingView Debuts Real-Time Chat
May 18, 1:45PM
Social finance site TradingView, which launched in September of last year, is rolling out a new feature just in time for the Facebook IPO (c'mon, you knew there would have to be at least one story about "just in time for the Facebook IPO" today, right?). But anyway, this one seems relevant at least: TradingView is launching interactive real-time chatting on its site, which lets users talk about stocks in a slightly more private forum than Twitter.Samsung's Galaxy S III Reportedly Racks Up Over 9 Million Pre-Orders Worldwide
May 18, 1:30PM
As if anyone needed any more proof that the Samsung's Galaxy S III would sell like (slightly more expensive) hotcakes, a report from the Korea Economic Daily reveals that the long-awaited handset racked up over 9 million pre-orders from mobile carriers across the globe. To put that number in a bit of perspective, the tremendously popular Galaxy S II was officially unveiled at MWC in February 2011, and managed to rack up 3 million global pre-orders by the end of April. Its successor, on the other hand, managed to garner triple the number of pre-orders in the three weeks since it was revealed in London.Charts: Facebook's IPO In Historical Context And Its Share Price Over Time
May 18, 1:22PM
Facebook will be the largest tech IPO in history today as the company and its early shareholders raise $16 billion. There is also an allotment for them to sell up to $2.4 billion more in the next 30 days. We've made a couple of charts to show how it compares to other historical IPOs, according to NASDAQ data. Then we also have historical price data from SecondMarket, which is a private secondary market that became popular among former Facebook employees who wanted to offload some shares.Analysts: Nokia On Track To Burn Through Its Whole $6B Cash Pile In Next 2 Years
May 18, 1:17PM
The Facebook IPO is expected to usher in a day of massive trading volumes on the markets, and some believe that might translate to a lift for some tech stocks. But one that could really use some help has just been served another course of bad press: Nokia is apparently burning through its cash reserves -- fast. The company, for years the biggest mobile phone maker in the world, has fallen on very tough times, as competition from companies like Samsung, Apple and a barrage of inexpensive device makers, have translated into declines in sales, market share and profitability. That's now translating into what has been identified as another issue: the burning of the cash pile. In the last five quarters, Nokia has burned through €2.1 billion ($2.7 billion) from its cash reserves. Analysts polled by Reuters on average believe that at the rate Nokia is going, it will go through another €2 billion ($2.5 billion) in the next three quarters, with the total current cash pile of €4.9 billion ($6 billion) gone within two years.Watch Mark Zuckerberg Ring The NASDAQ Bell Before Facebook's IPO
May 18, 1:14PM
You can watch live from the NASDAQ site as Facebook CEO Mark Zuckerberg makes history this morning ringing the bell to open the day's trading on the NASDAQ from Facebook's headquarters just before his company's IPO. The ceremony has just transpired, with Zuckerberg not giving any speech or remarks. He signed the NASDAQ bell's touchscreen "To a more open and connected world". Facebook stock won't actually begin trading until 8am PST / 11am EST so investors will have a few more hours to salivate. Employees have been at 1 Hacker Way in Menlo Park for an all-night hackathon that's about to culminate with Zuck's bell-ringing ceremony.XKCD: Punch Me In The Face If I Use Klout
May 18, 12:41PM
I don't understand Klout. I've convinced myself that it's best that way. I just avoid it, really. Grading a person's social media influence on a scale of 100 seems like something popular girls would do in high school. Like Alexia said last year, nobody gives a damn about your Klout score. I honestly didn't give a damn about my Klout score until I heard about the deals with airlines. That said, free perks do not outweigh worrying about a seemingly arbitrary scoring system. Today's XKCD comic nails it. Please, Internet, if I ever write about Klout in any way, punch me square in the face.Woot! A $200 32GB HP TouchPad
May 18, 12:23PM
Yeah, it's not $99 and it's refurbished but it's still a TouchPad. The tablet was once heralded as an iPad killer. Now, I'm not sure if it could even kill a Notion Ink Adam in a head-to-head sales battle. But still, thanks to an honestly smart move from HP, the TouchPad and webOS is valuable to some in the development community. But you better act fast like previous TouchPad offers. This deal is up on Woot, where the Amazon subsidiary only has a limited number of items. The price is $195 for a 32GB WiFi TouchPad -- not a bad deal for a slightly bulky tab capable of running Android.European Activists Could Force Facebook's New Privacy Changes To A Worldwide Vote
May 18, 9:41AM
The European activists "europe-v-facebook.org", led by a group of Austrian students, say that they have reached the 7,000-comment threshold on a Facebook privacy proposal, first raised last week, which would force the company to take the revisions to a worldwide vote. Perhaps not the best timing for Facebook, but great timing for those looking for more profile on the whole issue of privacy and how it is approached by Facebook. Specifically, if you go to Facebook's English-language Data Use Policy page where it has detailed the new proposals, there are now over 9,000 comments on the post. The proposal, you can see, has some XXX's at the top: that's because it is due to close this evening, at 5pm Pacific time (yes, more business as usual at Facebook, despite the fact that it also happens to be going through the biggest IPO ever in tech history).Facebook Says Haters Gonna Hate, Likers Gonna Like
May 18, 9:23AM
Facebook knows what's best for you, sometimes before you do. That's the meaning of a new "Likers Gonna Like" inspirational mini-poster printed by the Facebook Toronto Office. If you don't approve of something Facebook's doing, fine, there's millions of other people who do. And just as with the launch of the news feed, if you hate some change to the Facebook interface, wait a few months, and you'll probably end up Liking it too. It's a cavalier statement, one based on several old hip-hop songs including "In Da Club" by 50 Cent, where he raps "If [they] hate then let 'em hate and watch the money pile up". It's a mentality that has gotten the company into privacy trouble. But the idea that Facebook and its visionary CEO Mark Zuckerberg should push forward with bold ideas because "Likers Gonna Like" is what's let Facebook move faster than its older rivals, and kept it from being disrupted these last eight years.Want Facebook Shares? HK's 8 Securities Offers $200 Worth If You Join Its Trading Platform
May 18, 7:34AM
With Facebook announcing its ballsy stock price of $38 yesterday and all eyes now on what will happen with the social network when it finally goes public today, a new trading platform in Hong Kong, 8 Securities, is seizing the moment to boost its own profile by offering customers US$200 of Facebook shares if they sign up to trade on 8 Securities' trading platform in the next month. The offer indirectly serves a couple of other purposes, too: it gives non-U.S. citizens a relatively easy crack at a bit of stock in the most valuable tech IPO ever, and it raises Facebook's Asia profile even further as people continue to wonder how Facebook might finally address one of the biggest markets in the world, China.Backed By Mark Cuban, WhiteyBoard Launches v2 Of Its Paint That Turns Walls Into Whiteboards
May 18, 6:56AM
Two years ago, WhiteyBoard founders Saachi Cywinski, Sherwin Kim and Jason Wilk set out to re-think those clunky, inflexible whiteboards found in classrooms and offices around the country. They developed a portable, flexible alternative: An inexpensive, "instant" plastic board that weighs less than two pounds and adheres to any surface without screws. Wilk tells us that WhiteyPaint has since found an eager audience, leading to the fortunate problem of demand quickly outpacing supply. Struggling to finance demand on a bootstrapped budget, the founders reached out to Dallas Mavericks owner, Shark Tank investor, and HDNet Co-founder Mark Cuban. Seeing a billion-dollar market dominated by a few bloated players, Wilk said, Cuban believed WhiteyBoard was onto something.And The First Facebook IPO Hackathon Photos Roll In
May 18, 5:32AM
Hundreds of Facebook employees congregated at 'Hacker Square' at the company's Menlo Park headquarters this evening ahead of the company's insanely-hyped initial public offering. Now, some of the first photos are starting to trickle in. There was a standing ovation for chief executive Mark Zuckerberg, who gave a talk before several long-time engineers bounced in while wearing capes or bringing boomboxes. Tonight Facebook is having its 31st Hackathon to celebrate the IPO. Hackathons are a company tradition. They're a place where engineers and other non-technical employees get to stay out all night building concepts into real products that sometimes eventually get shipped. Some of the big products that have come out of earlier Hackathons include Facebook chat and an early version of Timeline.Spotting The Next Facebook: Why Emotions Are Big Business
May 18, 4:52AM
Tomorrow Facebook will sell shares in one of the biggest tech IPOs in history. New investors will gobble up the stock to get a piece of the global phenomenon famously started in Mark Zuckerberg's dorm room in 2004. But while owning the stock will have quantifiable value when it trades on the open market, few buyers will be able to say truthfully that they understood the value of the company just a few years ago. Ask yourself candidly, what did you think of Facebook the first time you landed on its homepage? Where you blown away? Could you see how it would fill a gaping need in the lives of nearly a billion people? If you're honest with yourself, and you're not Peter Thiel, your answer is probably, "No, not really."Facebook Keeps Shipping. Now You Can Silence Spammy Apps And More With New Notification Controls
May 18, 2:05AM
If there's something on Facebook that won't stop pinging you with Notifications, tell it to shut up instantly with Facebook's new granular, in-line notification controls. Hover over an alert in the Facebook.com homepage's globe icon drop-down and click the 'x' for the option to turn off notifications from that app, group, event, or post you commented on. The whole drop-down has a slick new look, and you can scroll down to much older notifications too. Previously you had to dig your way to the dedicated Notifications Settings page to make these changes, and there was no way to turn off a specific source of alerts -- you had to silence all your events or all your posts. Facebook has confirmed with me that most of the changes to notifications will be rolled out to everyone by tonight, except for app alert controls which are still in testing. As we accumulate more friends and apps, Facebook's notifications can turn from delightful pointers to annoying distractions that interrupt our lives. These new controls mean if you want a more zen Facebook experience, you can make it so.Kleiner Perkins Closes On $525 Million For Its 15th Venture Fund, 'KPCB 15′
May 18, 2:00AM
Silicon Valley venture capital stalwart Kleiner Perkins Caulfield & Byers is announcing this evening that it has closed on a $525 million round for its fifteenth venture fund, dubbed 'KPCB 15.' The fund will be focused on making early-stage investments in digital, green tech, and health sciences startups.If at any time you'd like to stop receiving these messages, just send an email to feeds_feedburner_com_techcrunch+unsubscribe-hmdtechnology=gmail.com@mail.feed2email.net.
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